Josheski, Dushko and Lazarov, Darko and Fotov, Risto and Koteski, Cane
(2011):
*IS-LM model for US economy: testing in JMULTI.*

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## Abstract

In this paper IS-LM model, has been introduced as time series model. Standard VAR, VECM test have been applied .Three variables that we estimated were: logarithm of real GDP (q), 3 month interbank interest rate (i), real monetary base (m).VECM mechanism shows that if the system is in disequilibrium alteration in the change of interbank interchange interest rate, log of real US gdp , and monetary base will be downward 5,5%,4,6% and 0,4% respectively.

Item Type: | MPRA Paper |
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Original Title: | IS-LM model for US economy: testing in JMULTI |

English Title: | In this paper IS-LM model, has been introduced as time series model. Standard VAR, VECM test have been applied .Three variables that we estimated were: logarithm of real GDP (q), 3 month interbank interest rate (i), real monetary base (m).VECM mechanism shows that if the system is in disequilibrium alteration in the change of interbank interchange interest rate, log of real US gdp , and monetary base will be downward 5,5%,4,6% and 0,4% respectively. |

Language: | English |

Keywords: | IS-LM, VAR, VECM,JMULTI |

Subjects: | N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E12 - Keynes ; Keynesian ; Post-Keynesian C - Mathematical and Quantitative Methods > C4 - Econometric and Statistical Methods: Special Topics > C40 - General E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E21 - Consumption ; Saving ; Wealth |

Item ID: | 34024 |

Depositing User: | DJ Josheski |

Date Deposited: | 10 Oct 2011 11:13 |

Last Modified: | 14 Mar 2015 01:33 |

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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/34024 |